Banking & Finance

FNB Corp. Implements Board Succession Plan

PITTSBURGH – F.N.B. Corp., parent of First National Bank of Pennsylvania, announced Tuesday the implementation of its board succession plan to ensure continuity of board leadership roles as a result of upcoming retirements.

The board appointed Vincent J. Delie, Jr.  president and CEO of F.N.B. effective May 18 and as board chairman beginning Dec. 20. Delie succeeds Stephen J. Gurgovits who will serve on the board as chairman emeritus.

As part of the board leadership succession plan, on Dec. 20 directors Frank Mencini, James Chiafullo and Heidi Nicholas become chairmen, respectively, of the audit, nominating and corporate governance, and risk committees.

Following this transition, the incumbent committee chairs will remain as members of the board and their current committees. The incumbent lead director, William Campbell, will continue in his role.

Published by The Business Journal, Youngstown, Ohio.